Da Corrado: what changed
Da Corrado
Largest movements
- Cash -€40,368
down €40,368 (-99.3%), from €40,668 to €300
mainly Advances received (-€54,373) and Receivables within one year (-€39,939)
- Receivables within one year +€39,939
up €39,939 (+17.1%), from €234,048 to €273,987
of which Other amounts receivable: +€31,794
- Tangible fixed assets -€6,119
down €6,119 (-13.7%), from €44,760 to €38,642
of which Other tangible fixed assets: -€3,640
- Advances received -€54,373
down €54,373 (-94.8%), from €57,338 to €2,965
- Short-term financial debts +€33,075
new in 2025: €33,075
- Trade debts -€31,377
down €31,377 (-35.1%), from €89,429 to €58,051
- Profit (loss) carried forward +€24,190
up €24,190 (+18.8%), from €128,644 to €152,834
- Tax, wage and social debts +€21,622
up €21,622 (+51.4%), from €42,065 to €63,687
- Taxes -€34,707
down €34,707 (-83.1%), from €41,749 to €7,042
- Financial charges +€19,255
up €19,255 (+111%), from €17,339 to €36,595
- Gross operating margin +€13,118
up €13,118 (+22.6%), from €58,021 to €71,140
- Financial income -€5,254
down €5,254 (-46.7%), from €11,254 to €6,001
- Depreciation +€3,292
up €3,292 (+116%), from €2,827 to €6,119
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €322,475 | €315,612 | -€6,863 | -2.1% |
| Fixed assets | 21/28 | €44,760 | €38,642 | -€6,119 | -13.7% |
| Tangible fixed assets | 22/27 | €44,760 | €38,642 | -€6,119 | -13.7% |
| Plant, machinery and equipment | 23 | €8,149 | €5,874 | -€2,275 | -27.9% |
| Furniture and vehicles | 24 | €718 | €514 | -€203 | -28.3% |
| Other tangible fixed assets | 26 | €35,894 | €32,254 | -€3,640 | -10.1% |
| Current assets | 29/58 | €277,715 | €276,971 | -€745 | -0.3% |
| Stocks and contracts in progress | 3 | €2,999 | €2,684 | -€315 | -10.5% |
| Stocks | 30/36 | €2,999 | €2,684 | -€315 | -10.5% |
| Amounts receivable within one year | 40/41 | €234,048 | €273,987 | +€39,939 | +17.1% |
| Trade receivables | 40 | €47,387 | €55,531 | +€8,145 | +17.2% |
| Other amounts receivable | 41 | €186,661 | €218,455 | +€31,794 | +17.0% |
| Cash at bank and in hand | 54/58 | €40,668 | €300 | -€40,368 | -99.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €322,475 | €315,612 | -€6,863 | -2.1% |
| Equity | 10/15 | €133,644 | €157,834 | +€24,190 | +18.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,644 | €152,834 | +€24,190 | +18.8% |
| Amounts payable | 17/49 | €188,832 | €157,779 | -€31,053 | -16.4% |
| Amounts payable within one year | 42/48 | €188,832 | €157,779 | -€31,053 | -16.4% |
| Financial debts | 43 | - | €33,075 | +€33,075 | |
| Credit institutions | 430/8 | - | €33,075 | +€33,075 | |
| Trade debts | 44 | €89,429 | €58,051 | -€31,377 | -35.1% |
| Suppliers | 440/4 | €89,429 | €58,051 | -€31,377 | -35.1% |
| Advances received on contracts in progress | 46 | €57,338 | €2,965 | -€54,373 | -94.8% |
| Taxes, remuneration and social security | 45 | €42,065 | €63,687 | +€21,622 | +51.4% |
| Taxes | 450/3 | €42,065 | €63,687 | +€21,622 | +51.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €883 | +€883 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,827 | €6,119 | +€3,292 | +116% |
| Other operating charges | 640/8 | €5,406 | €2,312 | -€3,094 | -57.2% |
| Gross operating margin | 9900 | €58,021 | €71,140 | +€13,118 | +22.6% |
| Operating profit (loss) | 9901 | €49,789 | €61,827 | +€12,038 | +24.2% |
| Financial income | 75/76B | €11,254 | €6,001 | -€5,254 | -46.7% |
| Recurring financial income | 75 | €11,254 | €6,001 | -€5,254 | -46.7% |
| Financial charges | 65/66B | €17,339 | €36,595 | +€19,255 | +111% |
| Recurring financial charges | 65 | €17,339 | €36,595 | +€19,255 | +111% |
| Profit (loss) for the period before taxes | 9903 | €43,704 | €31,233 | -€12,471 | -28.5% |
| Income taxes | 67/77 | €41,749 | €7,042 | -€34,707 | -83.1% |
| Profit (loss) for the period | 9904 | €1,955 | €24,190 | +€22,235 | +1,138% |
| Profit (loss) for the period to be appropriated | 9905 | €1,955 | €24,190 | +€22,235 | +1,138% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.